Question: An interest rate that has been annualized using compound interest is termed the: A) Simple interest rate B) Annual percentage rate C) Discounted interest rate

An interest rate that has been annualized using compound interest is termed the:

A) Simple interest rate

B) Annual percentage rate

C) Discounted interest rate

D) Effective annual interest rate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Exhibit 1 Aggregate demand and supply model 115 Price W 110H level (CPI, 1982-84 E 100 =100) 90 AS Ez AD Full i Employment AD 6.0 6.5 Real GDP 3. (trillions of dollars per year) Suppose the economy...

Q:

C) The Thce value of the bond has decreased D) The bonds maturity value exceeds the band's price. 9) 9) How much interest will be earned in an account into which S1.000 15 year with continuous...

Q:

coupon bond that has a culle coupon bond that he Which of the following statement is correct for a 10 yield of 76? A) The bond's internal rate of return is 79 B) The bond's market value is higher...

Q:

9) How much interest will be earned in an account into which 1.000 is deposited for once year with continuous compounding at a 13% rate? A) $169.00 B) $130.00 C) $353.34 D) $138.83 10) An interest...

Q:

An interest rate that has been annualized using compound interest is termed the: discount factor. annual percentage rate. discounted interest rate. effective

Q:

When receiving a quote from a lender, what is the name of the interest rate most commonly provided? Multiple Cholce compound rate effective annual rate common rate simple rate annual percentage rate

Q:

9 The interest rate that is most commonly quoted by a lender is referred to as the: 1 2 annual percentage rate. compound rate. 1 5 effective annual rate. simple rate. 1 8 commen rate.

Q:

HELP PLS HURRY You're borrowing $4,000 for a year and a half with a stated annual interest rate of 10%. Complete the following table. (Note: Round your answers to the nearest dollar.) Annual...

Q:

You are taking out a single-payment loan that uses the discount method to compute the finance charges. Computing the finance charges is done the way they're computed using the simple interest method....

Q:

Attempts: Attention: Due to a bug in Google Chrome, this page may not fun on correctly. Click here to learn more 7 Calculating finance charges using the discount method and APR on a single-paymenti...

Q:

You are taking out a single-payment loan that uses the simple interest method to compute the finance charge. You need to figure out what your payment will be when the loan comes due. The equation to...

Q:

Viola and Sebastian agree to form Sail Away, Inc., a small family boat rental business. Viola contributes 20 sailboats purchased for $70,000 but worth $170,000 at the time of incorporation. Sebastian...

Q:

Find the value of X in the following cash flow. i = 20%/yr. X 1 2 ^X -3 4 5 6 7 - 00 8 A = $50,000 9 (Years)

Q:

Which statement best describes the treatment of hobby expenses? Any hobby expenses are allowed to be deducted info from hubby income, but cannot create a loss. All hubby expenses are allowed as an...

Q:

Which is the most frequently used format to save an Access file? Save As File Types . Save Database A G . Save Object A D B A C